Sequoia’s first space investment since SpaceX is in sunlight-seller Reflect Orbital
SMRTR summary
Reflect Orbital is developing satellites with large mirrors to extend daylight hours and boost solar power generation. The startup plans to launch thousands of satellites with 50x50 meter reflectors, aiming to provide 1/5 noon sunlight brightness to specific areas on Earth.
Sequoia Capital is leading a $6.5 million seed round for Reflect, which plans its first orbital launch in 2025. The company faces technical challenges but sees potential to lower electricity costs and transform energy production.
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